55% will stay with an employer due to pensions provision

tom-lovell

More than half (55%) of respondents who receive a workplace pension that will provide them with a comfortable retirement income say this is a key reason to stay with their current employer rather than look for a new position, according to research by Reed.

Its survey of 2,129 UK employees also found that 51% of respondents cited salary as the primary motivation to look for a new job. Meanwhile, 38% would move for a better work-life balance and 33% for a better working environment.

The research also found:

  • 53% of respondents have received a pay rise from their employer in 2016.
  • 61% of respondents aged 18 to 24-years-old would move jobs for a better salary.
  • 45% of respondents aged between 18 and 24 would move jobs for a better organisational culture.

Tom Lovell (pictured), UK managing director at Reed, said: “As technology changes roles and creates new jobs with new skills, gaps in the market are opening and new opportunities are created. The next generation is looking to the future to train and keep pace with these exciting changes.

“We believe that if employers can offer young, talented [employees] the opportunity to learn and help this eager generation hone their skills, then [organisations] will attract the right talent; continuing this trend of optimism into a post-Brexit world.”